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20121202
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Search Results 0 to 20 of about 21 (some duplicates have been removed)
's direction, after another week or so of brinksmanship, we will see obama say, hey, look, i'm coming forward with entitlement cuts that i'm willing to propose publicly. chris: i got to check this. would you confirm that? you know these people. >> all of the components of the deal are there. when people ask me why did conditioning leave town? because the people who matter in the deal stayed in town. all the various members of congress could go home, it gets them out of the way and deal talking can go on. the brinksmanship is political theater and necessary in the process. chris: both pretend they're willing to go over? >> to both show resistance and then incrementally get towards -- chris: you covered the greek situation and watched the hell that went on over there. give me a picture of that and where we're headed if we don't deal in the short run with the debt problem and the cliff and later on, what do we face in this country? >> greece is a perfect example when you continue to borrow from the future, which is what we're doing right now. so if you don't deal with entitlement reform now, if
the fiscal cliff has all americans worried. after meeting with president obama this week with his fellow governors, my next guest says a failure to reach a solution would send his state into a recession. joining me now is utah governor gary herbert, a member of the national governors association executive committee. governor, welcome. >> thank you. it's an honor to be with you. >> i'm so glad you're here. i want to get your thoughts from inside the room there in person. did president obama make the case for his plan differently than he's been making it publicly? >> well, i think he knew that we were a bipartisan group. we had republicans and democrat governors there. did not expect us to come out and support one plan or the other, which we said going in we would not do. but we were grateful that he actually asked for our advice and our input. states and governors too often have been ignored, have been kind of an afterthought. and frankly we think that if congress and washington would look to the states and the governors they would develop better policy. so we were honored to be there to
that president obama will be better for business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend taxes. and so, mary, turns out maybe taxes do influence investor behavior. what's the meaning of the great cashout of 2012? >> well, don't tax you, don't tax me, tax the guy behind the tree. >> paul: russell long, former late senator. >> exactly. and what you see here are very wealthy people who can, you know, engineer ways to avoid taxes, meanwhile, what he's-- the medicine he's suggesting for people who are starting to do better, people who say, make $200,000, maybe working their whole life. they're the ones who are going to get hit with the obama taxes and really
the gop to negotiate, obama ends giving in. and peter baker writes that president obama has emerged kind of a different style of negotiator in the past week or two, sticking to the liberal line, frustrating the republicans clearly. this is a strategy his base might like but i'm wondering will it make him a better deal maker? >> it just may mean that republicans ultimately give him close to what he wants on raising tax rates on the top 2%. president obama has been very clear, he was all the way through the campaign that he would not give in on that. so that's i think what's important now. republicans don't like a lot of what was in the white house's opening offer. they dictate the $50 billion stimulus that was in the offer as a slap in the face. some of these little things we'll see taken out of file deal. >> to that point here's john boehner talking about when he saw that opening offer. >> i was flabbergasted. i looked at him and said you can't be serious. i just never seen anything like it. you know, we got seven weeks between election day and the end the year. and three of those weeks
and obama are still there. there are times the though even this week that it will get frustrated and stop talking to each other. i'm not sure if they're talking today or taking the day off. obama said yesterday that this could get done in about a week. i think he might be right. republicans see the writing on the wall when it comes to tax increases. what they're interested in now is making sure they get spending cuts to go along with the tax increases. when obama put his additional offer, he said $1.60 trillion in tax increases and we will delay the spending cuts until next year. that was the initial offer. republicans want to make sure that the spending cuts go up and become more immediate. considering that obama has been open to spending cuts in previous negotiations and says he is open to it now and republicans have changed from where they were a year ago when it comes to tax increases, i think it will not take too much to get their, although there are still obstacles. host: the $1.60 trillion and $800 billion are the opening numbers. where are we with those numbers now. have those num
. >> shannon: who will blink first? the obama administration says the ball is in the g.o.p.'s court. republicans insist it's the president's turn to get serious about dealing with our country's debt. >> it's unfortunate that the white house spent three weeks doing basically nothing. >> this is a very carefully designed set of reforms. if republicans would like to go beyond these reforms, or they want to do it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our economy, hurts the prospects for more jobs in our country. >> shannon: as the sparring continues over the fiscal cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. there is time to strike a deal but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the y
seven weeks off. we will have an election and let the people decide. president obama went out in front of the american people. there was one issue, the central issue. it wasn't the war in iraq iran's nuclear possibility of iran getting nuclear weapons it wasn't peace in the middle east. it wasn't immigration reform. the number 1 was issue was president obama said very clear, we want the wealthiest two percents of americans to pay more in tax after having 12 years of a special tax break, which was only supposed to be temporary. if you say yes vote for me. mitt romney says, no, we are going to caudle, protect that top 2%. we are not going to raise their taxes. so if you say no, vote for me. that was a choice. the american people overwhelmingly, overwhelmingly, margin of 5 million, voted for president obama. john boehner is acting as if we never had an election in the first place and the election doesn't mean anything. is the senator has passed a tax break and john boehner is saying no, we will let 98% of americans pay $2,000 more in taxes. we wi
for not 52 weeks but one week alone. the tax increases that president obama is now trying to push through will really do almost nothing to reduce our national deficit and nothing to reduce our national debt. the white house and democrats in the senate are focused only on tax hikes while they continue ignoring the real drivers of our debt, which is the out-of-control entitlement programs -- social security, medicare, and medicaid. until we find a way to do meaningful entitlement reform, no amount of tax revenue will be able to match the increase in violate spending. -- in entitlement spending. the president continues in his campaign mode going around the country to try to sell his tax hikes. the president and the democrats in congress are willing to go over the fiscal cliff in order to get those tax hikes. rather than negotiate in good faith, they're willing to try to spend their time trying to convince the american people that it's just someone else's fault. going over the fiscal cliff will mean another recession, and this one is squarely on the shoulders of president obama. it will mean
.s. debt limit. senator mcconnell is demanding 60 senate votes for passage. president obama pushed for the power transfer in a most recent and main proposal last week on the fiscal cliff. >>> now no john mcafee. the millionaire software guru wanted in questioning in the neighbor's murder in belize. maybe you heard mcafee. got arrested in guatemala overnight. shouldn't come as much of a surprise here. the whole time supposedly on the run, he was handing out tv interviews like candy. but listen to this. now the mcafee is in jail, he is blogging from behind bars. the story just keeps getting more interesting, shall we say? more on the blogging here in a moment. but first, i have to play you this video. this is the video of his arrest. surprise-surprise. he was with a camera crew from vice.com when guatemalan police took him in. the charge, entering that country illegally. take a look here. exclusive video of vice.com. >> they're trying to arrest me. guatemalan jails have beds. >> john, where are you going? >> to jail. >> when will you be out? >> and off he goes. to think, just yesterd
. i'm saintsly earhardt filling in for alisyn. clock is ticking. we are weeks away from going over that fiscal cliff. this morning president obama and senator marco rubio battling it out over what to do about taxes. their remarks are just ahead? landmark legislation in michigan that could change the face of the unions forever michigan is now a right-to-work state. will others follow? clayton? >> plus, is he behind on his child support. so one judge ordered this father of nine to stop having kids just stop having kids. but is that fair? is that allowed? can they do that? a little bit like china, perhaps. "fox & friends" hour two starts right now. >> ainsley was singing. i can't help but sing that. they actually -- they have a band. the lady's voice i saw her. >> the "fox & friends" band? >> yes. >> really? >> i was standing in the audience and another girl that i worked with she said you know she sings the "fox & friends" ballad. >> really? >> i met her. >> go on tickets. i will go on stub hub for that that's ainsley air earhardt in for alisyn. >> in for dave briggs. fiscal cliff. j
giving stuff away. if obama remains intransigent, let him be the one to take us over the cliff, and then let the new house, which is sworn in weeks before the president, immediately introduce and pass a full across-the-board restoration of the george w. bush tax cuts. >> so i don't think that's inconsistent with anything that i just said. i agree with him 100%. what have i been saying for a week? do not cave. compromise. do not cave. if the president doesn't want to meet us halfway on massive entitlement cuts, on reforming those systems to save medicare and medicaid, social security, cutting defense, reforming the taxes, then do not meet -- if he doesn't want to meet halfway, but i've got to tell you, i am heartened with what i saw in the president's tone yesterday. i loved hearing him tell a group of americans yesterday, hey, we're going to get this thing done. i feel good about it. i love that he agreed to sit down with john boehner one on one. richard, you've done negotiations on all levels. i really liked the tone the president was sending. and by the way, i felt like charl
're 30 days away from falling off the fiscal cliff and president obama tried to layout his plan to the american people this week and people say his plan is a nonstarter and say it's taxes and spending. >> joining us now is the host of fox news sunday, chris wallace and nice to see you this morning, chris. >> hi, guys. >> clayton: you have timothy geithner on your show who was laughed at this week, in a way or the proposal that he handed to senate minority leader mitch mcconnell and he let out an audible chuckle at the proposal. i'm curious if timothy geithner has the same sense of humor. >> actually we have not only timothy geithner, but john boehner in an exclusive interview at the top of the hour, these are the two point men. boehner representing house republicans and any bill is going to have to get through them and geithner representing the president. you're exactly right. when geithner presented his plan to mcconnell, mcconnell says he burst out laughing and boehner you'll hear at the top of the hour, one of the words he uses is flabbergasted. what they were shocked at not
obama made the statement about syria and chemical weapons again and secretary clinton did. we understand the red line. the world, this week, certainly growing concern about syria's potential use of chemical weapons. can we ask you your view on this. how concerned are you? how imminent are your concerns? and should assad believe that his weapons are sheltered and safe from potential -- a potential response in a potential military action by anyone? >> well, without commenting on the specific intelligence that we have with regards to the chemical weapons, there is no question that we remain very concerned, very concerned that as the ouch suggestion advances in particular damascus and the regime, we very well consider the use of chemical well -- weapons. the whole world is watching. the world is watching very closely. and the president of the united states has made very clear that there will be cops consequenceses -- consequences there will be consequences if the assad regime makes a terrible mistake by using these chemical weapons. i'm not going speculate, comment on what the potential cons
with just over three weeks remaining until automatic tax hikes and spending cuts kick in unless a budget deal is reached, the white house saying that president obama met with republican house speaker boehner on ways to overcome their differences. steve is live for us in washington, with more on this. steve? >>reporter: the house speaker went for a white house for a one-on-one chat, the first time they have sat down without other leaders and it could represent an important step toward avoiding the fiscal cliff. the last time the 39 and the speaker met was with other members of congress november 15. they talked wednesday last week but that was a conversation by telephone. now they have sat down face to face. this top level meeting is important in any negotiating process in washington, dc. the fact they met on a sunday underscores the urgency. the white house confirmed the talks were held to discuss efforts to resolve the fiscal cliff and lines of communication remain open. the white house beating is the same day republicans appeared to be moving closer to the president's position on raisin
's the end of the questions for david. let's say thank you. >> this week, the national and capitol christmas trees were lit in washington, d.c. president obama and the first family participated in the 90th annual christmas tree lighting ceremony. the tradition of a national christmas tree started in 1923 with president coolidge. house speaker john boehner joins the lighting of the capitol christmas tree. this year's tree is from the colorado's white river national forest. watch both of these ceremonies tonight 8:00 p.m. eastern here on c-span. we ourselves are not completely tied to print on the page sense of writing. but i think that there's no tha other art form so readily available other than perhaps -- inaudible just captures the human spirit. >> this weekend join book tv american history tv and c-span's local content vehicles as we look behind the scenes at the history and literary life of new york's capital city albany. today at noon eastern on book tv on c-span and sunday at 5:00 p.m. on american history tv on c-span 3. >> next government officials and policy researchers testify abou
. and it is unfortunate that the white house spent three weeks doing basically nothing. >> now, the republican counterproposal that we just heard about still includes those bush era tax cuts staying in place for everybody, which president obama has called a nonstarter. so what if we raised taxes a little bit? still be much lower than what americans paid just a generation ago. in 1980, the wealthiest americans paid a marginal tax rate of 70% of their income to uncle sam. now, tax reform under president reagan reduced that rate to 50% and in 1981, and closer to current levels in 1986. today, president obama wants to let the bush era tax cuts expire for wealthy americans only, taking up their marginal federal tax rate from 36% to 39.6%. we're talking about a 3.6 percentage point uptick for households making more than $250,000 a year, only on every dollar they make above the $250,000 amount. starts 2 s at $251,000. it is on the money you make on the margin. now, while i totally agree every penny counts when it comes to your money, when you compare that to the taxes most americans paid out in past
want to make, the benefits should continue. firm stand. we have seen in the past obama host: what specific benefits do guest: usually some kind of a cash benefit or they may help the search for a job. it is usually about $300 a week. it can vary from state sen. in the mississippi i want to say it is closer to $200. host: how are the programs funded? payroll taxes. through the trust the state administers the program and the money goes to the unemployed. host: talk about qualifications order to apply? guest: generally what you have to do is you have to have a year certain threshold. you have to have been let go from a job. and necessarily qualify for -- to qualify for unemployment benefits. if he graduated from college and do not have a job, you getit is a pretty easy system to get into if you were laid off after 10 years. host: we have some qualifications a person must meet on the screen there. have lost a job through no fault of his or her own. guest: you have to be laid off. there is the difference between being laid off and being fired. corporate downsizing. you cannot get unemp
-called fiscal cliff, it was widely assumed by republicans that obama and democrats badly wanted to avoid it. that was the premise that any possible agreement hedged on. that was the common goal, or so we thought. of the past couple of weeks, it has become increasingly clear to many of us that we were simply wrong about that. incredibly, many top democrats including the president seemed part perfectly happy to go off the cliff. that is why the president has been more interested in campaign rallies and actually negotiating a deal. it explains why the president is now stubbornly insisting on raising tax rates when he himself said just last year that you could raise more revenue from capping deductions and closing loopholes. them or balance. it's about an ideological campaign that most americans thought would have ended on november 6, and that's also why the president sent secretary geithner up here last week with a proposal so completely ridiculous it wouldn't have passed the house, as i indicated earlier, if nancy pelosi were still speaker. it was more of a provocation than a proposal, to be
Search Results 0 to 20 of about 21 (some duplicates have been removed)